BEIJING, June 23, 2021 /PRNewswire/ -- Luokung
Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a
leading Spatial-Temporal intelligent big data services company and
provider of interactive location-based services and High Definition
maps ("HD Maps") in China, today
announced that the Intelligent and Connected Vehicles—Highly
Automated Driving Map—Acquisition Element Model and Exchange Format
standard (standard number: T/CSAE 185-2021), sponsored by Luokung's
wholly-owned subsidiary eMapgo Technologies (Beijing) Co., Ltd. ("EMG"), a leading provider
of navigation and electronic map services in China, has passed the project approval and
review process by the China Society of Automotive Engineering
Standards (CSAE) and was approved for official release.
This is the first published industry standard for the Highly
Automated Driving Map production industry in China. It provides a unified set of standards
for the development of the Highly Automated Driving Map and defines
and standardizes Highly Automated Driving Map acquisition elements.
It also sets the foundation for future intelligent and connected
vehicles Highly Automated Driving Map exchange formats and for
mapping- and positioning-related standard systems for a cohesive
and intelligent network.
The standard, whose development was led by EMG over the course
of 16 months, was jointly completed by more than 20 companies,
including map manufacturers, hardware and software manufacturers in
the field of autonomous driving, and automobile manufacturers.
Mr. Xuesong Song, Chairman and
CEO, stated, "We are thrilled to have played a part in establishing
the first set of industry standards for autonomous-driving map
production. It has been a long yet rewarding process to work with
so many individuals and teams in the industry who are dedicated to
improving the quality of the industry's products, and we look
forward to maintaining our leadership position within the industry
in the years to come."
About Luokung Technology Corp.
Luokung Technology Corp. is a leading Spatial-Temporal
intelligent big data services company, as well as a leading
provider of location-based services (LBS) and HD Maps for various
industries in China. Backed by its
proprietary technologies and expertise in HD Maps and related
intelligent Spatial-Temporal big data, Luokung established
city-level and industry-level holographic Spatial-Temporal digital
twin systems and actively serves industries including autonomous
driving, vehicle-road collaboration (V2X), smart transportation,
smart travel, local business LBS, new infrastructure, smart cities,
and smart industries (emergency, natural resources, environmental
protection, water conservancy, energy, smart training, among
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Mr. Jay Yu
Chief Financial Officer
Senior Vice President
The Equity Group Inc.
SOURCE Luokung Technology Corp.